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The boom in credit card lending accelerated at the end of the second quarter of the year as Britons reined back other forms of borrowing, according to data published today by the Bank of England.
The three-month annualised rate of growth in credit card lending rose

The City’s fightback against the EU’s Brexit warnings stepped up a gear today as Bank of England governor Mark Carney took to the field, warning that EU officials are not putting in sufficient effort to preserve financial stability post-Brexit.
The EU has not matched commitments by

The Bank of England today announced the consolidation of a two important cogs in the UK’s payment system, with Bacs and Faster Payments now under the operation of the New Payment System Operator (NPSO).
Regulators hope the move to reduce the number of payments operators will make it

In the fast-moving world of FinTech, announcements are made daily about this new universe, not least the cities and countries that are trying to position themselves as FinTech hubs.
Currently, London and Singapore are probably the two territories that are scrambling to be FinTech Royalty, not

After Carney's long time in charge, the City will want a safe pair of hands to replace him.
Mark Carney is known as the George Clooney of central banking. It is easy to see why. His winning smile, transatlantic accent, even his penchant for music-festival chic -

The Bank of England (BoE) will set up a fintech hub to monitor developments that could help boost the UK's weak productivity levels.
"We have set up a new fintech hub that will sit at the heart of the Bank, to consider both how the Bank understands and

The UK government has launched what it calls the Fintech Sector Strategy, a programme announced by Chancellor Philip Hammond that includes a new cryptoassets task force, advances in regtech and a UK-Australia start up support programme, among others.
“I am committed to helping the sector grow

Chancellor Philip Hammond is expected this week to unveil two large scale projects to boost Britain’s fintech sector, with blockchain technology and international cooperation high on the agenda.
Hammond will launch a new fintech strategy at an international conference on Thursday.
The strategy includes plans for a

Analysts increase growth forecasts and add: 'We're over the worst'
The Bank of England is expected to raise interest rates twice this year after a surprisingly strong showing from the economy at the end of last year and a brightening outlook in 2018, leading economists say.
Although the Bank's

A finance firm set up above an Italian restaurant nearly 20 years ago has emerged as one of the first companies to confirm a London listing this year.
Transact, which provides software to over 5,000 financial advisers and posted profits of £37m last year, has told